News

Regulation
House Bill Would Ban Algorithmic Stablecoins for 2 Years
September 21, 2022

The latest version of an on-again, off-again House bill regulating stablecoins would place a two-year ban on dollar-pegged digital assets like TerraUSD, which collapsed in a $48 billion bank run-style panic in May. Get the Full Story Complete the form to unlock this article and...

Regulation
Bank CEOs’ Congressional Testimonies Spotlight Digital Strategies, Inclusion
September 21, 2022

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Investments
Pie Secures $315M to Grow Workers’ Comp InsurTech Platform
September 21, 2022

Workers’ compensation InsurTech startup Pie Insurance raised $315 million in a Series D funding round that will be used to support the company’s expansion into new business lines and other growth initiatives. Get the Full Story Complete the form to unlock this article and enjoy...

Retail
Walmart’s Social Commerce Shift Lowers Walls Between Physical, Digital Retail
September 21, 2022

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Retail
Walmart Seasonal Hiring Plans Down 75% vs Last Year
September 21, 2022

Walmart plans to hire 40,000 employees for the upcoming holidays, a 75% drop from the retailer’s 150,000-worker target from last year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
September 21, 2022

Faced with a drop in revenue and active users, personal styling site Stitch Fix plans to spend the new fiscal year fixing itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Cleareye.ai Partners With JPMorgan to Solve Trade Finance Challenges
September 21, 2022

Artificial intelligence and machine learning platform Cleareye.ai is forming a global partnership with J.P. Morgan’s Trade and Working Capital group to solve the challenges that trade finance operations currently face today as well as into the future. Get the Full Story Complete the form to unlock this article...

B2B Payments
Cannabis Industry Sees Rising Demand for B2B Payments, Cash Flow and AR Services
September 21, 2022

It may have taken six years, but but B2B cannabis platform LeafLink just crossed the $1 billion transaction threshold as its payments solutions, like the cannabis industry itself, continue to mature and grow. Get the Full Story Complete the form to unlock this article and...

B2B Payments
Taulia Collabs With Standard Chartered to Foster Working Capital Finance
September 21, 2022

Working capital manager Taulia and international banker Standard Chartered are collaborating to advance working capital finance solutions and will initially target supply chain finance and dynamic discounting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...